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WeRide (NASDAQ:WRD) Shares Gap Up - Time to Buy?

WeRide logo with Auto/Tires/Trucks background

Shares of WeRide Inc. (NASDAQ:WRD - Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $8.63, but opened at $8.90. WeRide shares last traded at $8.73, with a volume of 153,597 shares trading hands.

WeRide Stock Up 4.1 %

The firm has a fifty day moving average of $16.64.

WeRide (NASDAQ:WRD - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The company reported ($0.29) EPS for the quarter. The business had revenue of $19.29 million for the quarter. As a group, analysts expect that WeRide Inc. will post -0.68 earnings per share for the current year.

WeRide Company Profile

(Get Free Report)

WeRide, Inc engages in the development of an autonomous driving technology platform. It offers Robotaxi, Robobus, Robovan, Robosweeper, and advanced driving solutions, providing smart services in online ride-hailing, on-demand transport, urban logistics, and environmental sanitation. The company was founded by Tony Xu Han and Yan Li in February 2017 and is headquartered in Guangzhou, China.

Further Reading

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